Claim settlement Ratio: 97.08%
Company Overview
ICICI Prudential Life Insurance Company Limited (ICICI Prudential Life) is promoted by ICICI Bank Limited and Prudential Corporation Holdings Limited.
ICICI Prudential Life began its operations in the fiscal year 2001 and has consistently been amongst the top companies* in the Indian life insurance sector. Our Assets Under Management (AUM) at 31st December 2020 were `2,048.72 billion.
At ICICI Prudential Life, we operate on the core philosophy of customer-centricity. We offer long term savings and protection products to meet different life stage requirements of our customers. We have developed and implemented various initiatives to provide cost-effective products, superior quality services, consistent fund performance and a hassle-free claim settlement experience to our customers.
In FY 2015 ICICI Prudential Life became the first private life insurer to attain assets under management of `1 trillion. ICICI Prudential Life is also the first insurance company in India to be listed on National Stock Exchange (NSE) and Bombay Stock Exchange (BSE).
Vision: The purpose of our existence
To build an enduring institution that serves the protection and long-term saving needs of customers with sensitivity.
Values: The way we do things
Our core Values are Customer First, Humility, Passion, Integrity, and Boundarylessness. Values guide our actions and define the way we work. We encourage all our colleagues to exemplify and role model the Values.
- Customer First: Keep customers at the center of everything we do
- Humility: Be open to learn and change
- Passion: Demonstrate infectious energy to win and excel
- Integrity: Do the right thing
- Boundarylessness: Treat organisation agenda as paramount